Tag: nyc-real-estate-market

Queens condo market sees mixed trends as Astoria prices soar, LIC stabilizes and Flushing declines: report

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Jan. 29, 2025 By Ethan Marshall Queens’ condo market remained dynamic in 2024, with certain neighborhoods experiencing distinct market shifts in the final quarter of 2024. During the fourth quarter last year, the condo markets in the Queens neighborhoods of Astoria, Long Island City and Flushing each experienced different trends from the previous year, especially… Read more »

New contracts in NYC get huge boost thanks to declining mortgage rates: report

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Oct. 16, 2024 By Ethan Marshall The number of homes entering contract across New York City increased significantly year over year, thanks in large part to a decline in mortgage rates, according to a report by the real estate listing site StreetEasy. Over this period, there was a 26.4% increase in homes entering contracts,…